Wednesday, March 28, 2012

Going to Court

Everyone who files for Bankruptcy in Miami-Dade,  Broward or Monroe County with an Attorney will have to go to court at least one time for what is called the 341 Meeting of Creditors. Your Bankruptcy Attorney will be present at this meeting and will guide you through the process. This meeting is typically scheduled 30 days after the case is filed. Each person will be sworn under oath and a trustee (not a judge) will preside over the meeting. The trustee will ask basic questions about the bankruptcy petition. Some common questions are listed below:

Did you read all your schedules?
Did you sign everything?
Are these all your answers true and correct to the best of your ability?
Are these all your assets?
Are these all your debts?
Did you consult with your attorney?
Why did you file for Bankruptcy?
Do you owe child support?
Do you need to make any changes to the documents at this time?

Then the trustee will discuss any issues he has seen in your particular case, such as over exemption.

Depending upon the trustee who is randomly appointed to your case in Miami-Dade or Broward County, you will need to fill out certain paperwork regarding matters such as child support.

At the conclusion of your meeting, the attorney will be available to answer any questions you might have and will explain if any further documents will be required of you.

In most cases, a final discharge of all dischargeable debts will be issued approximately 60 days after this court date. 

At Sagre Law Firm we help individuals and businesses file for bankruptcy protection. Call (305) 266-5999 for your free bankruptcy evaluation.